Most people find it tough to get excited about regulators. But President Obama’s nomination of Ron Binz to head the Federal Energy Regulatory Commission (FERC) is reason to sit up and take notice. FERC oversees the nation’s electricity and natural gas networks, and the grid is badly in need of upgrades—up to $2 trillion worth by… Keep reading →
By Scott Cohn What a difference a few years make. When we launched America’s Top States for Business in 2007—before the housing market implosion and the financial crisis—our Top States were attracting not only businesses but people: families and home buyers. Four of our Top Five that year were Southern states: Virginia followed by Texas, Utah,… Keep reading →
As nations continue to wrangle over the control, development and transportation of Caspian basin oil and gas resources, recent new discoveries in the Eastern Mediterranean Sea have raised the potential conflict level between governments, corporations and other relevant parties. But the discovery of what appear to be substantial natural gas deposits, also presents great opportunity.
“There was some concern a number of months ago about these gas finds off the southern coast of Cyprus… now the US would have to have more of a naval presence in the Eastern Mediterranean in order to de-conflict these forces..,” Steven A. Cook, Council on Foreign Relations’ Hasib J. Sabbagh Senior Fellow for Middle Eastern Studies told journalists at a recent roundtable for select media. Keep reading →